77: Turnkey Real Estate Investing vs. REITs

Invest Like a Boss

Sam Marks Johnny FD Derek Spartz

Business, Investing

4.8 • 518 Ratings

🗓️ 22 November 2017

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Matt Bowles is the co-founder of Maverick Investors Group, which helps real estate investors buy performing rental properties in the best real estate markets regardless of where they live. They offer a very interesting investment strategy where you get to own a property without being physically present.

On this episode, he talks about the advantages of owning hard assets over investing on paper assets. He explains the process of buying properties, assessing income, and closing contracts. He also explains the management and maintenance set-up and how the net operating income is calculated. He also gives away tips for real estate investors in order to succeed in this investment venture.

Links:
Website: maverickinvestorgroup.com

Time Stamps:

0:31 – The mission of Maverick Investors Group

2:03 – What is Turnkey Real Estate Investing?

4:21 – Advantages of buying hard assets

10:11 – Building portfolio

13:54 – Leveraging properties

19:02 – Calculating Net Operating Income (NOI)

23:22 – Capitalization rate

27:51 – The process of buying a property

31:39 – Management and maintenance

37:56 – How to close contracts?

39:55 – How much income for mortgaged properties?

42:37 – Cash flow calculation

45:12 – Tips for real estate investors

If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the Invest Like a Boss podcast.
0:02.5	I'm Sam Marks and I'm Johnny FD.
0:04.4	We're self-made entrepreneurs who invest our own money and use modern technology to invest
0:08.2	like a boss.
0:08.9	Join us each week for exclusive interviews with our network of modern investors, business
0:12.7	owners and multi-millionaires to discover new ways to invest our hard-earned cash.
0:16.5	Hey guys, this is Johnny and welcome to Invest Like a Boss episode 77 back here with my buddy, Sam Marks.
0:24.3	Hey, Johnny.
0:25.0	Well, I don't know about you, but I got my Santa hat on.
0:27.8	It's officially the holidays, my favorite time of the year.
0:31.5	And I'm looking forward to crushing the end of 2018 with you.
0:36.6	But it's not 2018. It's 2017. See, I'm already
0:40.0	excited about the new year. Yeah, yeah. I definitely haven't even thought about sending out
0:44.6	Christmas cards yet. Actually, I did send one out. I sent one out to some random kid in a
0:49.3	Facebook group that was dying of cancer and his mom just posted in this random Facebook group saying,
0:56.7	you know, couldn't anyone send us a Christmas card?
0:59.1	You know, because that's what he wants before, you know, he's going to be gone.
1:02.8	And just, I don't know, no idea who this kid is.
1:04.9	And I just went online, found a way to send a random Christmas card and hopefully he got it.
1:10.1	Oh, that was really good of you. I think it's important. I grew up when my parents basically forced me to send Christmas cards to, you know, the top 20 people, my teachers and everything. And I didn't like it, you know, when I was 10 years old. And then I started liking as I got older. And now it's just kind of part of my holiday season so we just did them for all
1:28.0	the people at the Siri condo here in Shanghai Johnny as you would know and a few people at the local
1:33.9	massage and coffee places we go to and then all the instructors that are Muay Thai and it feels great you know
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Sam Marks Johnny FD Derek Spartz, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Sam Marks Johnny FD Derek Spartz and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.